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Valdymo koordinavimo centras

State Owned Enterprises

UAB „Projektų ekspertizė“ was registered in 1995. The main activity of the company is engineering and related technical consultancy, general and partial examination of new projects for construction, reconstruction and repair, and expertise in construction works.

Financial results

P/L Statment

2016 2017 2018 2019
Revenue 572 648 721 796
Cost of goods sold 238 292 371 505
Gross profit (loss) 335 356 350 290
Gross profit margin 58% 55% 49% 37%
Operating expenses 266 277 285 164
Operating profit (loss) 68 79 65 126
Operating profit margin 12% 12% 9% 16%
EBITDA 81 94 79 138
EBITDA margin 14% 14% 11% 17%
Net profit (loss) 60 71 57 114
Net profit margin 10% 11% 8% 14%
2017-06-30 2018-06-30 2019-06-30 2020-06-30
Revenue 216 274 358 344
Cost of goods sold 114 165 232 217
Gross profit (loss) 102 109 127 127
Gross profit margin 47% 40% 35% 37%
Operating expenses 70 67 68 75
Operating profit (loss) 32 42 59 52
Operating profit margin 15% 15% 16% 15%
EBITDA 38 49 65 56
EBITDA margin 18% 18% 18% 16%
Net profit (loss) 5 8 52 44
Net profit margin 13% 14% 15% 13%

Balance sheet

2016 2017 2018 2019
Non-current assets 475 417 311 308
Intangible assets 0 1 1 1
Tangible assets 175 168 160 158
Financial assets 300 249 150 150
Other non-current assets
Biological assets
Current assets 348 250 284 324
Inventories and prepaid expenses 3 3 3 3
Accounts receivable in one year 81 82 61 109
Other current assets 25
Cash and cash equivalents 239 165 220 213
Total assets 826 673 597 635
Equity 779 602 542 578
Minority share of capital
Grants and subsidies
Liabilities 47 71 55 56
Financial liabilities
Long-term liabilities
Short-term liabilities 47 71 55 56
Equity and liabilities 826 673 597 635
2017-06-30 2018-06-30 2019-06-30 2020-06-30
Non-current assets 422 313 260 307
Intangible assets 1 1 0 1
Tangible assets 172 162 160 156
Financial assets 249 150 100 150
Other non-current assets
Biological assets
Current assets 135 228 349 285
Inventories and prepaid expenses 10 13 2 3
Accounts receivable in one year 97 110 151 138
Other current assets
Cash and cash equivalents 28 105 197 145
Total assets 556 541 617 602
Equity 491 458 517 529
Minority share of capital
Grants and subsidies
Liabilities 65 83 100 73
Financial liabilities
Long-term liabilities
Short-term liabilities 65 83 100 73
Equity and liabilities 556 541 617 602

Financial ratios

2016 2017 2018 2019
Capital return ratios
Return on assets (ROA) 7% 9% 9% 18%
Return on equity (ROE) 8% 10% 10% 20%
Return on capital employed (ROCE) 18% 28% 25% 45%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 7.40 3.51 5.19 5.75
Quick ratio 7.33 3.47 5.14 5.70
Turnover ratios
Asset turnover 0.69 0.86 1.14 1.29
Fixed asset turnover 1.20 1.45 1.98 2.57
Equity turnover 0.73 0.94 1.26 1.42
Profitability ratios
EBITDA margin 14% 14% 11% 17%
Operating profit margin 12% 12% 9% 16%
Net profit margin 10% 11% 8% 14%
Other ratios
Dividends to the State 248.10 103.54 77.17 93.40
Dividends paid / net profit 4.14 1.46 1.36 0.82
2017-06-30 2018-06-30 2019-06-30 2020-06-30
Capital return ratios
Return on assets (ROA) 9% 13% 12% 17%
Return on equity (ROE) 10% 15% 15% 20%
Return on capital employed (ROCE) 28% 19% 23% 20%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 3.51 2.75 3.50 3.89
Quick ratio 3.47 2.59 3.48 3.86
Turnover ratios
Asset turnover 0.86 0.50 0.62 0.56
Fixed asset turnover 1.45 0.75 1.25 1.21
Equity turnover 0.94 0.58 0.74 0.66
Profitability ratios
EBITDA margin 14% 18% 18% 16%
Operating profit margin 12% 15% 16% 15%
Net profit margin 11% 14% 15% 13%
Other ratios
Dividends to the State 103.54
Dividends paid / net profit 1.46

Expectations of the state

About the company

  • Official nameUAB „Projektų ekspertizė“
  • Legal formPrivate limited liability company (UAB)
  • Company code120091161
  • SectorOther
  • Line of businessConstruction planning and analysis
  • Institution representing the StateMinistry of Environment
  • Share belonging to the State100%
http://www.proex.lt/
Return to the State

93 EUR thousand

ROE

20.3%

Number of employees

22

Financial data provided as at end-December 2019

Management

  • Arvydas KuralavičiusDirector General

Information as of: 2020/10/01